Grid Dynamics (GDYN) vs IBEX (IBEX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
IBEX (IBEX) has outperformed Grid Dynamics (GDYN) over the past year, gaining 15.7% versus a loss of 4.0%. Over five years, IBEX leads with a +153.9% price change compared with -74.4% for GDYN. Grid Dynamics is the larger company by market cap ($622.2 million vs $573.1 million), about 1.1 times the size.
On valuation, IBEX trades at a lower forward P/E (10.6x vs 14.6x for Grid Dynamics).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | GDYN | IBEX |
|---|---|---|
| Share price | $7.67 | $43.16 |
| Market cap | $622.24M | $573.11M |
| 1-day change | -1.92% | -0.07% |
| YTD return | -15.06% | +13.04% |
| 1-year return | -4.01% | +15.74% |
| 5-year return | -74.42% | +153.88% |
| P/E ratio (TTM) | 255.67 | 13.79 |
| Forward P/E | 14.58 | 10.57 |
| EPS (TTM) | $0.03 | $3.13 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $10.21 | $45.28 |
| 52-week low | $5.11 | $25.94 |
| Distance from 52-week high | -24.88% | -4.68% |
| Analyst consensus | none | hold |
| Avg. price target upside | +19.95% | -2.69% |
| Average volume | 1.35M | 119.93K |
| Shares outstanding | 81.13M | 13.28M |
| Employees | 4,838 | 35,000 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | EDP Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- IBEX has outperformed GDYN by 19.7 percentage points over the past year.
- Grid Dynamics trades at a higher earnings multiple (255.7x vs 13.8x trailing P/E).
About Grid Dynamics
GDYN stock →Grid Dynamics Holdings, Inc., together with its subsidiaries, provides enterprise artificial intelligence and digital transformation services in North America, Europe, and internationally. The company offers artificial intelligence services, such as AI-Readiness through strategy consulting, data modernization, rapid and deployment-ready prototyping, and software development lifecycle transformation; identify AI use cases service, which deploys AI in customer-facing, operational, and knowledge management scenarios; AI infrastructure agentic systems; and enterprise AI scale, which helps enterprises gain enterprise-wide efficiency with deployment.
Technology · Computer Software: Prepackaged Software · 4,838 employees
About IBEX
IBEX stock →IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company's products and services portfolio includes ibex Connect that offers customer service, technical support, revenue generation, and other value-added outsourced back-office services through the CX model, which integrates voice, email, chat, SMS, social media, and other communication applications; ibex Digital, a customer acquisition solution that comprises digital marketing, e-commerce technology, and platform solutions; and Wave iX, an AI customer experience platform.
Technology · EDP Services · 35,000 employees
GDYN vs IBEX FAQ
Which is bigger, Grid Dynamics or IBEX?
Grid Dynamics (GDYN) is larger, with a market capitalization of $622.24M compared with $573.11M for IBEX (IBEX).
Which stock has performed better over the past year, GDYN or IBEX?
IBEX returned +15.74% over the past 12 months, compared with -4.01% for GDYN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GDYN or IBEX?
IBEX has the lower trailing P/E at 13.8, versus 255.7 for GDYN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Grid Dynamics and IBEX in the same industry?
Both are in the Technology sector, but in different industries: Computer Software: Prepackaged Software for Grid Dynamics and EDP Services for IBEX.